Why it’s not a happy 420 for many California cannabis dispensaries – The Cannabist

In cannabis culture, 420 — April 20 — is a day to celebrate.

But for many in California’s legal cannabis industry, there’s little cause for revelry most days, according to experts who say high taxes, burdensome regulations and illegal sales are crushing entrepreneurs’ dreams.

RELATED: How 4/20 grew from humble roots to marijuana’s high holiday

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